Author Topic: Unbelieveble DevCoin Spike on Crypto-Trade  (Read 2320 times)

Offline qnekit

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Unbelieveble DevCoin Spike on Crypto-Trade
« on: November 30, 2013, 08:14:10 pm »
Hi Guys,

Can someone explain what was that unbelieveble spike on Crypto trade on November 30. Devcoin grew in price 130-150 times and then fall back to the price it was before. Is it crypto-trade glitch or this is a natural growth

https://crypto-trade.com/trade/dvc_btc

« Last Edit: November 30, 2013, 08:15:53 pm by qnekit »

weisoq

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Re: Unbelieveble DevCoin Spike on Crypto-Trade
« Reply #1 on: December 01, 2013, 03:51:49 pm »
Crypto-trade doesn't have as much liquidity as vircurex or cryptsy yet, so I'm going to guess it was either a fat finger or just not much volume which sent the price up on a not massive amount. Regardless the price is still up 5x in about a week. But on price/growth, dvc has been much higher than here - I think now that projects are starting accrue revenue, support and the ideas are spreading - as well as similar for cryptos in general - thinks are looking good.

for your info: http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=dvc-btc&market=vircurex